Aveva Group Plc Ord 3 5/9P is listed on the London Stock Exchange, trading with ticker code AVV. It has a market capitalisation of £5,804m, with approximately 161m shares in issue. Over the last year, Aveva Group share price has been traded in a range of 1968, hitting a high of 4232, and a low of 2264.

April’s fourth quarter statement saw the company reiterate its aim of hitting low double-digit full year revenue growth. Operating margins ‘improved’, though AVEVA was careful to highlight that additional costs were incurred due to a strong sales performance, and that it was investing to ensure it’s ‘optimally positioned to capture future growth opportunities’. The update ended with the claim that the integration of the heritage AVEVA and Schneider Electric industrial software business has continued to progress well.

Given that investors have been very receptive to these rather bland statements, more of the same on Wednesday might be enough to keep its gains going. For reference, last year it posted adjusted pre-tax profit on a pro forma basis of £162.8 million; a the half way point of this year adjusted pre-tax profit rose 54.3% to £60.5 million.

All I can glean about this whiz kid Cambridge Firm is its boffinsCambridge and other Graduates,the cream of Britains'SiliconValley.Its drops like this that have put me off trusting buying shares.Seems Im just about teh only dang person on here to even register a comment in years too.

Live Data

Share Trading

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk. The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates. London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.